Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In the past few centuries, state sovereignty has been the main form of political organization, and was strengthened by feelings of nationalism. It establishes political


In the past few centuries, state sovereignty has been the main form of political organization, and was strengthened by feelings of nationalism. It establishes political order in a country. However, with globalization, geography in an economic sense is argued to be less important and the definition of sovereignty has become more complicated. States or countries have a harder time being able to control economic activity and potentially have less control over their country's economy through globalization. Also, if a country hasn't given in to having a global economy, they might need to give in because of the increased interdependence on other countries and their goods and/or services. However,countries have a significant influence over their economic system, even with possible less control over the economic activity.There is also an argument that globalization and the development of organizations like the World Trade Organization have led to the decrease in state sovereignty economically because countries might feel the need to fall in line with policies, including possible deregulation or privatization. There is an increased interdependence on other countries,which makes pure sovereignty difficult for a country.

Directions:

Multi-paragraph essay in which you will answer the following questions about the pros and cons about the World Trade Organization (WTO)and how it might impact state sovereignty:

Questions to Answer/Include:

-What does the WTO do?

-What are some of the criticisms made regarding the WTO?

-Describe what State Sovereignty is and if you feel that organizations like the WTO impact it, if at all

- Explain if you believe an organization like this can be beneficial to the world or not.

- Any other information regarding globalization and free trade.









Step by Step Solution

3.44 Rating (157 Votes )

There are 3 Steps involved in it

Step: 1

The World Trade Organization WTO is an international organization that aims to promote and regulate global trade It serves as a platform for member countries to negotiate trade agreements resolve trad... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Accounting

Authors: Gail Fayerman

1st Canadian Edition

9781118774113, 1118774116, 111803791X, 978-1118037911

More Books

Students also viewed these Economics questions

Question

What are your current research studies?

Answered: 1 week ago

Question

Describe five management functions

Answered: 1 week ago

Question

Identify three levels of management

Answered: 1 week ago